OPEN-SOURCE SCRIPT
已更新 [-_-] Volatility Calibrated ATR
Description:
An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal).
How it works:
It works by dynamically calculating the Period for ATR which depends on current volatility level that is calculated by a function that uses Standard Deviation of price. ATR is then smoothed by Weighted Moving Average and multiplied by ATR Factor, resulting in a plot that changes its colour to red when we're in a downtrend and green when in an uptrend. This plot should be used as a dynamic Stop Loss level. Trend change is determined by price crossing the dynamic Stop Loss level. The squared red and green labels appear when the trend changes, and should be used as Entry signals.
Parameters:
- Source -> data used for calculations
- ATR Factor -> higher values produce less noise and longer trends, lower values give more signals
An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal).
How it works:
It works by dynamically calculating the Period for ATR which depends on current volatility level that is calculated by a function that uses Standard Deviation of price. ATR is then smoothed by Weighted Moving Average and multiplied by ATR Factor, resulting in a plot that changes its colour to red when we're in a downtrend and green when in an uptrend. This plot should be used as a dynamic Stop Loss level. Trend change is determined by price crossing the dynamic Stop Loss level. The squared red and green labels appear when the trend changes, and should be used as Entry signals.
Parameters:
- Source -> data used for calculations
- ATR Factor -> higher values produce less noise and longer trends, lower values give more signals
版本注释
Description:An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal).
How it works:
It works by dynamically calculating the Period for ATR which depends on current volatility level that is calculated by a function that uses Standard Deviation of price. ATR is then smoothed by Weighted Moving Average and multiplied by ATR Factor, resulting in a plot that changes its colour to red when we're in a downtrend and green when in an uptrend. This plot should be used as a dynamic Stop Loss level. Trend change is determined by price crossing the dynamic Stop Loss level. The squared red and green labels appear when the trend changes, and should be used as Entry signals.
Parameters:
- Source -> data used for calculations
- ATR Factor -> higher values produce less noise and longer trends, lower values give more signals
Release notes:
- v1.1 [19 Aug 2023]: fixed the "invalid value of the length argument (0) in the wma function" error by making sure that length cannot be less than 1
版本注释
Release notes:- v1.2 : fixed the title in plotshape() functions to match the correct conditions (as was pointed out by /u/markmiotke)
开源脚本
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。